Lifestyle
IMF endorses Japan’s commitment to flexible yen
THE International Monetary Fund (IMF) said Japan’s commitment to allow the yen to move flexibly will help the central bank focus on achieving price stability, warning against growing calls...
UAE releases new AI model to compete with big tech
A GOVERNMENT research institute in the United Arab Emirates on Monday (May 13) released a new open source GenAI model, which could rival the ones from big technology companies.Abu...
China extradition worries grow for convicted money launderer deported to Cambodia
CONVICTED money launderer Su Wenqiang may have cause for worry over a possible extradition to China following his deportation from Singapore to Cambodia on May 6, The Straits Times...
Tencent’s buyback plan in focus as China tech earnings start
INVESTORS will closely watch for Tencent Holdings’s buyback plan in earnings due on Tuesday (May 14) as the company’s shares rebound.The most valuable Chinese technology company is ramping up...
Goldman raises US$3.6 billion for new real estate credit fund
GOLDMAN Sachs’s alternatives business raised US$3.6 billion for its latest real estate credit fund, giving it firepower at a time of market dislocation.That figure eclipses the roughly US$2.6 billion...
Major airlines sue Biden administration over fee disclosure rule
MAJOR US airlines are suing the US Transportation Department over a new rule requiring upfront disclosure of airline fees, the latest clash between air carriers and the Biden administration.Airlines...
Major airlines sue Biden administration over fee disclosure rule
MAJOR US airlines are suing the US Transportation Department over a new rule requiring upfront disclosure of airline fees, the latest clash between air carriers and the Biden administration.Airlines...
Walgreens contacts potential buyers for £7 billion Boots drugstore chain
Walgreens Boots Alliance is reaching out to potential buyers of the £7 billion (S$11.89 billion) Boots drugstore chain in the UK, according to people familiar with the matter. The Deerfield,...
